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All Forum Posts by: Eric Liebich

Eric Liebich has started 6 posts and replied 15 times.

Post: Rehab Opportunity - Northfield, IL

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Lots of upside on this Northfield rehab project. Add a 1,200 sq ft second story to include an additional 2bd's and 2ba's, redo the existing kitchen and bathroom, add hardwoods, finish the basement, and paint. ARV comps reflect 4bd, 2.5ba, 2,400 sq ft frame SFR's sold in past 6months. Come with your ideas and maximize this projects upside. See link below for additional details.

Deal Overview - 361 Dickens St, Chicago, IL 60093

Pictures - 361 Dickens St

Wholesale Price:$290,000

ARV: $635,000

Property Overview

-Frame, Ranch SFR

-3 Bd / 1 Ba / 1,000 sq ft

-New Trier School District

-Unfinished basement

-One car garage

-Lot is 11,550 sq ft (.26 acres)

-Vacant

-New hot water heater and furnace

-Taxes 2015 = $7,734

Post: Good General Contractor recommended

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

@Alex Sanchez I believe Nino may have already reached out to you, but tagging him here as well @Nino Alfano

Post: Good General Contractor recommended

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5
Alex Sanchez , Nino Alfano is a GC in the west suburbs that handles both cosmetic and large gut rehab projects.

Post: Choosing a lender

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Hi Matt,

I'm a full-time wholesaler / RE investor here in Chicago. You should connect with Barnett Capital. They have a ton of great investor options. I'll be happy to put you in touch with their finance folks if you'd like, just let me know. 

Post: Rebogateway

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

@Jorge Rojas @Account Closed

Jorge, did you start using Rebo? 

Jim, sounds like you're a long time user. Would you mind elaborating a little bit on where you've seen value in using Rebo? 

If the data their providing is accurate I certainly see this being a great resource. Thanks! - Eric

Post: Great Chicago Investor Deal - Avalon Park - Buy / Hold or Flip

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Great opportunity for any investor. Cash offers or private / hard money only. Brick home in Avalon Park with addition and finished basement. This property will work well as a buy / hold rental, or a straightforward minor cosmetic rehab with ARV of $200K. Currently performing very well as a rental with great existing tenant on month to month lease. Can purchase with or without tenant. New roof in 2008. All plumbing, electrical, and HVAC replaced in 2009/2010. CHA / Section 8 approved. Current rent $1,515/month. CHA paing $811/month and Tenant paying $704/month. For more details contact Eric at (312) 625-6301 or email [email protected]

Post: Chicago Action Investors

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Thank @Jeff Lipple. This sounds great @Michelle Williams. Look forward to discussing further. 

Post: Flipping in Illinois and how the seasons affect your business

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Hi @Angelica Osusky, welcome to BP. I'll private message you to connect on the criteria you're looking for with your rehab/flip business to see where I can assist. @Jeff Lipple thank you for the intro. 

Post: Can I Avoid Probate Proceedings? - Wholesale Deal - Chicago

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Thanks everyone for the input, much appreciated.

I'll reach out via pm in just a moment @Account Closed

Post: Can I Avoid Probate Proceedings?

Eric LiebichPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 15
  • Votes 5

Hi John, thanks for the reply. Do you know if the property will still need to go through probate being that none of the siblings are listed as the homeowner on the tax records?